2016-06-26

Li Keqiang Sends Reform Message, Steel Companies to Cut 45 M Tons

Premier Li Keqiang visited an old State-owned firm revitalized by innovation, talked to executives of a cloud computing startup and rode a "super smart bicycle" during a tour of the northern port city of Tianjin on Sunday afternoon.
The message he wanted to get through is clear: China should count on reform and innovation to replace old drivers of growth with new ones, and push ahead with industrial upgrading.
At the Tianjin Optical Electrical Group, the maker of China's first laser printer, Li said he was glad to learn that the State-owned company, which is more than 60 years old, is encouraging its innovators to launch new enterprises and turn their ideas into marketable products.